180 George Street 308, Lower Town - Sandy Hill

$352,000
180 George Street 308

$352,000

New
9d
Condo ApartmentApartment

180 George Street 308, Lower Town - Sandy Hill

Total Monthly Obligation $2,048

Beds
1
Baths
1
Park
0
Sqft
500-599
DOM
9d
Score
25
Yield
6.8%
Cash on Cash
1.6%
Cap Rate
4.9%
5Y IRR
16.9%
10Y IRR
15.7%
Property Type-Condo Apartment
MLS® Number-X14032418
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Maintenance-$428/mo
Locker-Common
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete, Brick
Possession-TBA
Neighbourhood-4001 - Lower Town/Byward Market
Title-Residential Condo & Other

No agent assigned

Never lived-in 1-bedroom condo with private balcony, efficient layout, and premium finishes, located in Claridge Royale in the ByWard Market with immediate possession and no HST. This well-designed unit offers a functional open-concept living space with seamless flow and access to outdoor space. The kitchen features quartz or granite countertops, matching backsplash, stainless steel appliances, and soft-close cabinetry. Hardwood flooring, smooth ceilings, and pot lighting enhance the modern interior. The bedroom is well-proportioned with convenient storage. Enjoy full access to building amenities including a fitness centre, indoor pool, rooftop terrace with BBQs, theatre room, party lounge, guest suite, and 24-hour security. Located above Metro and just steps to transit, shopping, and Ottawa's best dining and entertainment. A move-in ready option offering new construction quality without the wait. If this unit isn't the perfect fit, additional studio, one-bedroom, and two-bedroom layouts are available with a range of finishes, layouts, and exposures.

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%
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$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$281,600
Land Transfer Taxes$3,755
Legal Fees (Est.)
$
Total cash required for closing$75,655

Total Monthly Obligation

$2,048/mo
Mortgage $1,420
Monthly Loss $1,674
Principal$374
Interest$1,046
Condo Fees$428
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.0%26
Cash-on-Cash
-4.1%3
5-Year IRR
12.5%54
10-Year IRR
12.7%
Returns Index
28.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$23,832/yr
NOI
$13,913/yr
Net Cash Flow
-$260/mo
Cash Margin
-13.1%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8215
LTV Ratio
80.0%18
Vacancy Buffer
4.7 mo79
Risk Index
37.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 180 George Street 308

Time

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